1045 E 3rd St
RedfieldSD57469
Cheap Homes for Rent in Faulkton, SD from $400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Faulkton.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
262 2nd St SW
FormanND58032
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
516 N Washington St
AberdeenSD57401
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Faulkton, SD Local Guide
South Dakota Research Farm by USDA NRCS South Dakota is licensed under CC BY 2.0
How much does it cost to rent a home in Faulkton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Faulkton 2 Bedroom Homes for Rent | $1,385 | $1,385 | $1,385 |
| Faulkton 3 Bedroom Homes for Rent | $5,875 | $1,750 | $10,000+ |
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Faulkton, SD Local Guide
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Best Value Apartments for Rent in Faulkton, SD and Nearby
As of May 07, 2026 the best value apartment in the Faulkton area is the $0.89 price per square foot 3 Bedroom Townhome Model at Wheatgrass Village I in the starting from $1,465. The second greatest value Faulkton apartment is the DEII Alder Model at Dakota Estates starting at $1,444 with a $1.57 price per square foot . Here is today’s list of the best values for Faulkton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wheatgrass Village I | 3 Bedroom Townhome | 3BR,2.5BA | $0.89 |
| Dakota Estates | DEII Alder | 2BR,2BA | $1.57 |
| Missouri View Apartments | 2 BEDROOM LAYOUT | 2BR,1BA | $1.33 |
| Highlands Ridge Apartments | 1 Bed 1 Bath | 573 sqft | 1BR,1BA | $1.84 |
| Presentation Heights | 50% 1x1 | 1BR,1BA | $1.27 |
| Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $1.91 |
| Riverview Apartments | 1bd1ba 482 | 1BR,1BA | $1.56 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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See the most popular apartments and homes in Faulkton, SD
Frequently Asked Questions about Faulkton
What type of rentals are currently available in Faulkton?
There are currently 18 Apartments for Rent in Faulkton, SD with pricing that ranges from $499 to $2,071. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Faulkton ranging from $275 to $10,000.
What is the current price range for Rental Homes in Faulkton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Faulkton ranges from $275 to $10,000 with an average monthly rent of $2,539.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.